North Slope producers no strangers to LNG projects

Published: November 19, 2013

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The big three North Slope oil and gas producers working toward a multibillion-dollar Alaska liquefied natural gas export project own stakes in LNG production plants in the Middle East, Southeast Asia, Australia, Africa, the Caribbean and North America. In some cases these investments go back decades.

Taken together, ExxonMobil, BP and ConocoPhillips own stakes in more than 40 percent of the LNG production trains operating worldwide. Because almost all of those investments involve minority interests, the companies' actual share of today's global LNG plant nameplate capacity totals about 13 percent.

ExxonMobil and ConocoPhillips also have investments in some of the LNG plants under construction today, and all three companies are in the LNG importing business.